My mom just died and I found out she borrowed $90,000 to put me through school and never paid it back. Am I on the hook?

The first step is understanding that there are student loans for parents and student loans for students. This is true of both federal and private student loans. Now, four years after graduating, Lisa's mom just died and while cleaning out her house, she came across some paperwork, revealing her mom actually owes $90,000 for Lisa's education. Lisa's mom told her if she covered her first year, she'd pay the rest. So she took out around $30,000 in student loans, thanked her mother and went on with her schooling.